A full-circle project

Commercial and residential community located in Panama, in the Panama Canal area.

One of the largest mixed developments in the continent, with multiple economic benefits due to its strategic location.

The most impressive Master Plan in Latin America

Developed by London & Regional Panamá since 2007.

Panamá Pacifico | Masterplan: Investment

Investment: + $705 million dollars

Land: 3,400 acres

A master plan for the next 40 years

Community

We participate in the everyday life of employees and their families by providing everything they need in one place:

residential, educational, business, commercial and recreational areas all in Panamá Pacífico.

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Impressive economic potential

More than 300 companies, from regional to large multinationals, have chosen Panamá Pacífico as the place to grow and expand in Latin America because of the value we place on the life of employees and their families.

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Special Economic Area

Connection and access to other Latin American countries

Political
stability

Accessible community

Benefits of Law 41 of 2004

We have a special exemption for the Panama Pacific Special Economic Area, as well as an Autonomous State Entity (PREPA Agency). The incentives are aimed at attracting foreign investment, thanks to a legal, customs, labor and immigration exemption that benefits special activities.

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Incentive Activities

Venues and services
Film industry
Logistics and distribution

High-Tech manufacturing
Maritime and aviation sector

Tax Incentives (indirect taxes)

Companies registered in the area will be exempt from the following indirect taxes:

Import of goods
On the transfer of movable property and provision of services (ITBMS)
Due to the movement or storage of fuel or other hydrocarbons and their derivatives
Export or re-export of any type of goods

Tax Incentives (direct taxes)

Companies registered in the area will be exempt from the following direct taxes:

Of real estate on land and commercial / industrial improvements as well as the tax on the transfer of real estate, until December 31, 2029
Taxes, withholdings or charges applied to payments to foreign creditors; for refinancing financing granted to companies in the area and for the financial leasing of equipment
Any commercial or industrial license right

Legal Stability

Guarantee of not being affected by legal changes during the 10 years following registration as a company in the area.

Migratory Benefits

One-stop shop for the expedited management of visa procedures and work permits for foreign workers.

Visa benefits extend to immediate relatives: spouse, dependent children up to 25 years of age, dependent parents over 62 years of age.

Special visas for investors and workers.

One-time tax-free import of any item for personal or household use (up to 100k).

One-stop shop for the expedited management of visa procedures and work permits for foreign workers.

Visa benefits extend to immediate relatives: spouse, dependent children up to 25 years of age, dependent parents over 62 years of age.

Special visas for investors and workers.

One-time tax-free import of any item for personal or household use (up to 100k).

Customs Exemption

Cargo movement monitored by inventory audit, avoiding physical controls.
Goods manufactured in the area, when entering, pay import tax on the value of foreign components incorporated into the product, based on the tariff of each foreign component.
Possibility of tax-free and temporarily transferring raw materials and semi-finished products, tax-free, for processing or treatment.

Municipal Exemption

Tax exemption for manufacturing, import, export, logistics and telecommunications activities.

One-Stop-Shop

We have an integrated system of procedures/processes for the management of operation permits for companies through 17 government offices on site, saving your business time and money.

+17 government offices
All in one place
Exclusive service for companies
Customs 24/7
Fast processing
On-site immigration officials

Interesting facts

This multi-national corporation has backoffice operations at Panama Pacifico, 13 high-tech manufacturing lines as well as global distribution services.

Concentrating its business lines in Panama Pacifico speeds up the distribution of their products, reducing its collection and distribution centers throughout the region, from 22 in 2012 to only 11 in 2017.

3M's experience shows how viable it is to produce and distribute "Made in Panama" products. 3M Panama Pacifico is a worthy study case, as it demonstrates how light, high-tech manufacturing is not only viable but also profitable in Panama when combined with the country's logistics capacity.

"16 years ago, Dell was one of the pioneers of the Panama Pacifico Special Economic Area, becoming a regional center for Dell in Latin America. Panama Pacifico offers an incomparable location, infrastructure and legal benefits that help us provide the best service to our clients"

Gustavo Ripoll
Executive Director and General Manager for Latin America. Dell Panama.

Dell was established in Panama Pacifico in 2003.
It currently has more than 2,300 employees at its headquarters.
It has gone from being a Call Center to offering shared operational services.
It provides technical support to Dell customers in the Americas and provides internal support service to different Dell business units around the world.

From Panama Pacifico, it manages the purchasing of more than 450 million inputs and raw materials for 24 internal manufacturing plants and more than 45 plants in Central America, including Nicaragua, Honduras, El Salvador, Mexico and Peru.

VF Corp. owns renowned brands such as: Kipling, North Face, Timberland, Nautica, Jansport, Vans and many others.

As a multinational company operating a shared service center it does not move its cargo through Panama. Rather, it manages its entire regional supply chain, taking advantage of the geographical advantages and communication that Panama offers.